Controllers, Legal Entity Controller, Associate, Johannesburg

Goldman Sachs

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profile Job Location:

Johannesburg - South Africa

profile Monthly Salary: Not Disclosed
Posted on: 5 hours ago
Vacancies: 1 Vacancy

Job Summary

Description
OUR IMPACT
Controllers ensure that the firm meets all the financial control and reporting obligations of a global regulated and public financial institution. Our professionals measure the profitability of and risks associated with every aspect of the firms business. Controllers also ensure that the firms activities are conducted in compliance with the regulations governing transactions in the financial markets.
Were a team of specialists charged with managing the firms liquidity capital and risk and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firms counterparties monitoring market risks associated with trading activities or offering analytical and regulatory compliance support our work contributes directly to the firms success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.
The Controllers group is responsible for safeguarding the firms assets: to help maintain the integrity of Goldman Sachs finances and expenditures. Through careful consideration and analyses of firm finances objectives and strategies we ensure that the firms businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers professionals in the department experience Goldman Sachs businesses products and sophisticated technology systems in depth. Direct Hedge Funds Hedge Funds Strategies Private Equity Group teams within Controllers support the alternative investments within Goldman Sachs Asset Management division with oversight over complex private funds.

YOUR IMPACT

As a Legal Entity Controller you will take complete ownership of the financial reporting and monitoring across a wide range of legal entities. You will develop an in-depth understanding of these entities including their business strategies products and associated technical accounting and disclosure requirements. Were looking for a bright driven professional to join our Legal Entity Controllers team who is keen to use and develop their technical accounting skills to provide high quality reporting and analysis of our entities assets and profitability in a challenging and varied environment.

HOW YOU WILL FULFIL YOUR POTENTIAL

  • Preparation analysis and presentation of monthly quarterly and annual financial reporting to senior management directors and other key stakeholders (predominantly under IFRS/US GAAP)
  • Preparation and analysis of financial statements including resolving complex technical accounting issues and disclosure requirements and liaising with external auditors and regulatory agencies
  • Become subject matter expert for inflows and outflows impacting the Goldman Sachs International Bank South Africa Branch (the Branch) developing an ability to understand the implications of business and market developments on the profitability of the Branch.
  • Lead and facilitate periodic reporting to local authorities such as the South African Reserve Bank (SARB) ensuring regular interaction with multiple teams across the firm and across the globe
  • Facilitating the quarterly consolidated reporting of the Goldman Sachs Group and Goldman Sachs International Bank with regular interaction with Finance teams in New York and London
  • Coordination with multiple teams across the firm - and across the globe - including Product Control Corporate Treasury Legal Compliance Tax and Transfer Pricing in a collaborative and problem-solving capacity
  • Proactively seeking opportunities to improve our workflows technology and integrity of reporting information.
  • Develop and evolve the reporting framework in place to ensure adequate capital and financial management oversight as well as reporting in line with the SARB guidelines and other Regulatory requirements
  • Attendance and participation in various working groups and forums to ensure adequate oversight from a legal entity control perspective
  • Leverage understanding of the business and stakeholder expectations to develop metrics and dashboards for distribution while ensuring appropriate and timely escalation of issues.
  • Involvement in a broad range of cross-divisional projects and initiatives

BASIC QUALIFICATIONS & EXPERIENCE

  • Recently qualified accountant (0-2 yrs)
  • CA (SA) or equivalent
  • Able to demonstrate technical accounting knowledge in your current area of expertise
  • Experience in preparation of audited financial statements under IFRS an advantage
  • A track record of improving processes and adding value to clients/stakeholders

PREFERRED CHARACTERISTICS

  • Strong analytical skill
  • You demonstrate an aptitude for problem solving with the ability to exercise sound and balanced judgment in a highly regulated environment
  • Functional expertise - Enjoy keeping up-to-date with emerging business economic and market trends
  • Strong technical accounting skills
  • You demonstrate strong technical skills pay attention to detail take initiative to broaden your knowledge and resolve accounting issues
  • Personal drive and motivation - Successfully handle multiple tasks take initiative to improve your own performance work intensely towards challenging goals
  • A client and business focus - Effectively handle difficult requests build trusting long-term relationships with clients help the client to identify/define needs and manages client/business expectations
  • Strong teamwork ethic
  • You are a strong team player with excellent interpersonal skills.
  • You collaborate well with others within and across teams encourage other team members to participate and contribute and acknowledges others contributions
  • Excellent communication skills - Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others
  • Judgement and problem solving
  • You will always be thinking ahead able to anticipate questions plan for contingencies find alternative solutions and identify clear objectives.
  • Creativity/Innovation and a desire to add value - Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
  • The ability to influence outcomes - Present sound persuasive rationale for ideas or opinions. Able to take a position on issues and influences others opinions and present persuasive recommendations
ABOUT GOLDMAN SACHS

At Goldman Sachs we commit our people capital and ideas to help our clients shareholders and the communities we serve to grow. Founded in 1869 we are a leading global investment banking securities and investment management firm. Headquartered in New York we maintain offices around the world.
We believe who you are makes you better at what you do. Were committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally from our training and development opportunities and firmwide networks to benefits wellness and personal finance offerings and mindfulness programs. Learn more about our culture benefits and people at
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19 and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance unless prohibited by applicable federal state or local law.
Applicants who wish to request for a medical or religious accommodation or any other accommodation required under applicable law can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.

The Goldman Sachs Group Inc. 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.




Required Experience:

IC

DescriptionOUR IMPACT Controllers ensure that the firm meets all the financial control and reporting obligations of a global regulated and public financial institution. Our professionals measure the profitability of and risks associated with every aspect of the firms business. Controllers ...
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Key Skills

  • Diploma
  • Human Resource Management
  • Accountancy
  • EMS
  • FMCG

About Company

The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.

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